It comes after the Office for National Statistics show the UK entered a technical recession
Treasury claims the Isle of Man is in a ‘better position’ than its offshore counterparts, as new figures show the UK has entered a technical recession.
GDP there contracted in the final three months of the year by 0.3 percent - but some economists are warning the label is 'overly dramatic'.
A recession means there's less money circulating and finding work or getting a mortgage approved could prove more challenging.
Speaking live on Manx Radio Breakfast, Minister Dr Alex Allinson acknowledged financial pressures facing the Island, but doesn't believe the news will affect his upcoming budget:
Council of Musical Chairs: What do we know?
Parent group shares concerns over reports of 'AI misuse'
IOM Chamber of Commerce 'welcomes' CoMin reshuffle
Tim Crookall MHK back in CoMin
Michelle Haywood MHK steps down as DOI minister